Media headlines about Amdocs Limited (NASDAQ:DOX) have trended somewhat positive on Monday, according to Accern Sentiment. Accern rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Amdocs Limited earned a news impact score of 0.24 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 45.4425521917094 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Amdocs Limited from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. BidaskClub cut shares of Amdocs Limited from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. Barclays PLC reiterated a “hold” rating and set a $68.00 price objective on shares of Amdocs Limited in a report on Friday, August 4th. Stifel Nicolaus reiterated a “buy” rating and set a $72.00 price objective (up from $68.00) on shares of Amdocs Limited in a report on Thursday, August 3rd. Finally, Robert W. Baird reiterated a “hold” rating and set a $66.00 price objective on shares of Amdocs Limited in a report on Friday, October 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $69.88.
Amdocs Limited (NASDAQ DOX) opened at 65.38 on Monday. Amdocs Limited has a 12-month low of $54.91 and a 12-month high of $67.98. The stock has a market capitalization of $9.50 billion, a PE ratio of 22.77 and a beta of 0.53. The company’s 50-day moving average is $64.82 and its 200 day moving average is $64.21.
Amdocs Limited (NASDAQ:DOX) last announced its quarterly earnings data on Wednesday, August 2nd. The technology company reported $1.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.06. Amdocs Limited had a net margin of 11.11% and a return on equity of 14.75%. The company had revenue of $967.00 million for the quarter, compared to the consensus estimate of $967.04 million. During the same period in the prior year, the firm posted $0.90 EPS. Amdocs Limited’s revenue for the quarter was up 4.0% on a year-over-year basis. On average, equities research analysts expect that Amdocs Limited will post $3.81 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Friday, September 29th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend was Thursday, September 28th. Amdocs Limited’s dividend payout ratio (DPR) is 30.66%.
Amdocs Limited Company Profile
Amdocs Limited is a provider of software and services for communications, entertainment and media industry service providers. The Company develops, implements and manages software and services associated with business support systems (BSS), operational support systems (OSS) and network operations to enable service providers to introduce new products and services, process orders, monetize data, support new business models and enhance their understanding of their customers.
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